MuscleFood enters administration after restructuring plans fall through
Nottingham-based meal delivery brand MuscleFood has entered administration less than a year after being rescued through a change of ownership.
Bizcap, a non-bank business lender providing funding solutions to SMEs, lodged the administration application.
MuscleFood CEO Nick Preston confirmed the administration, describing it as “an incredibly difficult time” for employees, suppliers and customers affected by the situation.
Preston said the business had been working on a debt restructuring project with support from advisers... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
